Scope of Services

Muib Khan CPA offers professional accounting, bookkeeping, and advisory services. The specific services to be provided will be detailed in a separate engagement letter, which will serve as a binding contract between Muib Khan CPA and the client. Services include, but are not limited to, tax preparation, financial statement preparation, and business advisory services.

Client Responsibilities

Clients must provide accurate and complete information required for the performance of our services. The client is responsible for the reliability, accuracy, and completeness of the information supplied to us. The client shall:

• Ensure timely provision of all required documents and information.
• Inform us promptly of any changes to the provided information.
• Cooperate fully with our team to facilitate the delivery of services.

Confidentiality

Muib Khan CPA will treat all client information as confidential and will not disclose any confidential information to third parties without the client's prior consent, except as required by law. We implement strict security measures to protect client data and maintain confidentiality.

Fees and Payment Terms

• Billing: Services may be billed on a fixed rate or hourly rate, as specified in the engagement letter. Hourly rates are $200 per hour unless otherwise stated.
• Invoicing: Invoices will be issued regularly (monthly, bi-weekly, or weekly) as services are performed and are due upon receipt. Late payments may incur additional charges, including a 25% administrative fee for overdue accounts.
• Additional Services: Services not included in the original scope of work will be billed separately at a rate of $50 per hour. Any additional services requested will require mutual agreement on the scope and cost before commencement.

Limitation of Liability

Muib Khan CPA's liability for any claim related to professional services provided is limited to the amount of professional liability insurance available at the time of the claim. No claim shall be brought more than one year after the services were completed. The firm is not responsible for errors or omissions resulting from inaccurate or incomplete information provided by the client.

Termination

Either party may terminate the engagement at any time upon reasonable notice. Upon termination, Muib Khan CPA will issue a final invoice for services rendered up to the termination date. The client is responsible for paying for all services provided up to the termination date.

Governing Law

These terms are governed by the laws of the province of Ontario and the federal laws of Canada. Any disputes arising from these terms or our services will be resolved in the courts of Ontario.

Changes to Terms

Muib Khan CPA reserves the right to modify these terms at any time. Any changes will be posted on our website. Continued use of our services after such modifications constitutes acceptance of the revised terms.

Confidentiality and Data Protection

We adhere to strict confidentiality and data protection standards. All information provided by clients will be handled in accordance with our privacy policy and applicable privacy laws. Clients consent to our collection, use, and disclosure of personal information as necessary for the provision of services.

Anti-Money Laundering (AML) Compliance

Muib Khan CPA complies with the Proceeds of Crime (Money Laundering) and Terrorist Financing Act. We may be required to report suspicious transactions and verify the identity of clients as part of our legal obligations.

Service and Price Guarantee

We stand behind the quality and professional nature of our services. If you are not satisfied with our services, please bring it to our attention immediately. We will work to address your concerns and reach a mutual agreement regarding payment for services completed.

Ownership of Documents

All original documents obtained from the client during the engagement shall remain the property of the client. Muib Khan CPA reserves the right to make reasonable copies for our records. All working papers, files, and documents created by Muib Khan CPA remain our property and will be retained according to our firm's policies.

Contact Information

If you have any questions about these terms, please contact us at:

Address: 2233 Argentia Road, East Tower Suite 302, Mississauga, ON L5N 2X7

Best regards,
Muib Khan CPA